Cheaper than coffee! Radhika Gupta says Edelweiss Mutual Fund accepting Rs 100 SIPs

One can start a SIP even with Rs 100 and this is cheaper than a cup of coffee, said Edelweiss Mutual Fund CEO, Radhika Gupta. According to Gupta, an investor should take advantage of this and start a SIP.

Gupta also informed the investors that Edelweiss Mutual Fund has been accepting Rs 100 SIPs in all its funds for the last six months and one should make use of it.

She posted on social media platform X, “A SIP that is cheaper than a cup of coffee. Since this has been spoken about, sharing this. We have been accepting 100 rupee SIPs in all our funds for the last 6 months+. Do take advantage of it!”



Several social media users appreciated Gupta for this move as because of this more people will start investing in small amounts and this could inspire others to follow suit whereas a user also wrote that one fund house offers SIP of Rs 10 also without mentioning the name of the fund house.

The CEO in another post on social media recommended investors to use equity index funds of Edelweiss Mutual Fund as the fund house wants to make simple dal chawal solutions available to the investors with a low starting ticket size and minimal costs.

“Thanks for noticing! Want to make simple dal chawal solutions available to consumers with low starting ticket sizes and minimal costs. Everyone - Please use our equity index funds! Some good basic ones and some innovative factor based ones as well,” she posted on social media platform X.


The post came in response after a user posted on social media platform X mentioning, “Was analysing a few index funds offered by different AMCs. What surprised me as well as intrigued me was that @EdelweissMF has the lowest expense ratio in almost all the index funds across categories.”


Gupta in her earlier posts mentioned dal-chawal funds where she compared balanced advantage and aggressive hybrid mutual funds to dal-chawal and recommended investors to not invest in narrow theme-based funds that work in one cycle and not in next.

She also explained what dal-chawal funds are: "Broad-based funds that are all -weather and span a range of sectors; balanced advantage and aggressive hybrid types; flexi, multi, large and mid, broad-based 250-500 index types; forever funds; active or passive doesn’t matter - the point is not a narrow theme based fund that works in one cycle and not in the next."